Senior Compliance Officer - Financial Regulation

Placements24; Sandton; On-site; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary package

Professional development opportunities

Health and wellness benefits

Prime Sandton office location

Job summary

Placements24 is seeking a Senior Compliance Officer to join our team in Sandton. The role involves developing and maintaining robust compliance programs, advising on regulatory requirements, and safeguarding the firm's reputation through proactive risk management.

The ideal candidate will have 5+ years in financial services compliance, deep knowledge of SA regulatory frameworks, and strong analytical and communication skills.

Qualifications

• Bachelor's degree in Law, Finance, or related field.
• 5+ years of experience in a financial services compliance role.
• In-depth knowledge of SA financial services legislation.
• Certifications in compliance (e.g., ICA Diploma, CCEP) advantageous.
• Strong risk management and internal controls understanding.
• Excellent written and verbal communication.

Responsibilities

• Develop and maintain the firm's compliance program per FAIS, FICA, POPIA.
• Conduct regular compliance risk assessments identifying non-compliance.
• Monitor regulatory changes and adjust operations accordingly.
• Develop and deliver compliance training for employees at all levels.
• Investigate potential breaches and recommend remedial actions.
• Review marketing materials and client communications for compliance.
• Liaise with regulatory bodies during examinations and inquiries.
• Advise senior management on compliance matters and best practices.
• Manage regulatory reporting obligations.
• Maintain and update compliance policies and procedures.

Skills

Regulatory knowledge

Analytical skills

Stakeholder management

Communication skills

Education

Bachelor's degree in Law, Finance, or related field

Job description

About the Role

Our client, a prominent investment firm, is seeking a seasoned Senior Compliance Officer to join their dedicated team in the heart of Sandton . This critical role involves ensuring adherence to all relevant financial regulations, developing and implementing robust compliance programs, and advising the business on regulatory requirements. You will play a key part in safeguarding the firm's reputation and mitigating regulatory risks. This is an on-site position, requiring your presence at our Sandton office to foster close collaboration with business units, legal teams, and senior management, ensuring effective oversight and proactive compliance management. The ideal candidate possesses a deep understanding of financial services regulations, exceptional analytical skills, and a strong commitment to ethical conduct.

Key Responsibilities

• Develop, implement, and maintain the firm's compliance program in accordance with local and international financial regulations (e.g., FAIS, FICA, POPIA).
• Conduct regular compliance risk assessments and identify potential areas of non-compliance.
• Monitor regulatory changes and assess their impact on the firm's operations, implementing necessary adjustments.
• Develop and deliver compliance training programs for employees at all levels.
• Investigate potential compliance breaches and recommend appropriate remedial actions.
• Review marketing materials, client communications, and business processes for regulatory compliance.
• Liaise with regulatory bodies during examinations and inquiries.
• Advise senior management and business units on compliance-related matters and best practices.
• Manage the firm's regulatory reporting obligations.
• Maintain and update compliance policies and procedures.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Relevant professional qualifications or certifications in compliance (e.g., ICA Diploma, CCEP) are highly advantageous.
• Minimum of 5 years of experience in a compliance role within the financial services industry.
• In-depth knowledge of South African financial services legislation and regulatory frameworks.
• Strong understanding of risk management principles and internal controls.
• Excellent analytical, research, and problem-solving skills.
• Exceptional written and verbal communication skills, with the ability to present complex information clearly.
• High level of integrity, professionalism, and attention to detail.
• Ability to work independently and manage multiple priorities effectively in a fast-paced environment.
• Experience in stakeholder management and interaction with regulatory authorities.

Benefits

• Competitive salary package commensurate with experience.
• Opportunity to work in a key role within a prestigious financial institution.
• Professional development opportunities and support for certifications.
• Comprehensive health and wellness benefits.
• Retirement fund and other employee benefits.
• Prime office location in Sandton with excellent amenities.
• Collaborative and dynamic work environment focused on compliance excellence.